Affordable Housing In Totowa
Passaic County, New Jersey

Section 8 Vouchers, Apartments, and Waiting Lists in Totowa, New Jersey

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Totowa, New Jersey

Housing Authority Programs
Passaic County Public Housing Agency Section 8 Housing Choice Voucher (HCV)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Totowa, New Jersey

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Totowa, New Jersey.

Income Based Apartments in Totowa, New Jersey

Totowa features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Totowa, New Jersey

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Totowa.

Housing Choice Vouchers in Totowa, New Jersey

On average, Section 8 Housing Choice vouchers pay Totowa landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Totowa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Totowa, New Jersey for a two-bedroom apartment is between $1,562 and $1,910.

2022 Totowa, New Jersey Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Totowa, New Jersey Fair Market Rent $1,237 $1,481 $1,736 $2,159 $2,691
Totowa, New Jersey Payment Standard Range $1,113 to $1,361 $1,333 to $1,629 $1,562 to $1,910 $1,943 to $2,375 $2,422 to $2,960

Sourced from federal housing data and AffordableHousingOnline.com research.

Totowa, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 20.04%
Average Renter Household Size 2.44
Average Household Size 3.06
Median Household Income $88,490 ±$11,405
Median Rent $1,466 ±$139
Percentage Of Renters Overburdened 42.68% ± 16.06pp
Total Population 10,931

Population and Household Demographics

Totowa is a city in Passaic County, New Jersey with a population of 10,931. There are 3,308 households in the city with an average household size of 3.06 persons. 20.04% of households in Totowa are renters.

Income and Rent Overburden in Totowa

The median gross income for households in Totowa is $88,490 a year, or $7,374 a month. The median rent for the city is $1,466 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Totowa, a household making less than $4,887 a month would be considered overburdened when renting an apartment at or above the median rent. 42.68% of households who rent are overburdened in Totowa.

Area Median Income In Totowa

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Totowa, the AMI is calculated from all households within Passaic County.

In Totowa, HUD calculates the Area Median Income for a family of four as $113,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Totowa

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Totowa

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Totowa AMI may qualify for rental assistance programs that target Extremely Low Income households.
$23,000 $26,250 $29,550 $32,800 $35,450 $38,050 $40,700 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Totowa AMI may qualify for rental assistance programs that target Very Low Income households.
$38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250
80% AMI Income Limits
Renters earning up to 80% of the Totowa AMI may qualify for rental assistance programs that target Low Income households.
$57,700 $65,950 $74,200 $82,400 $89,000 $95,600 $102,200 $108,800